GlobalTranz Team:

Below, please see the latest market updates from across our carrier network. Please inform, consult, and educate your customers, prospects, and teammates on current market conditions.

Weather Updates:

• Protect From Freeze (PFF) service availability is coming up with a typical start date of November 1st in most markets, pending if lower temperatures do not trigger early requirements.
• Hurricane Lidia hit West-Central Mexico as a Category 4 storm, bringing flash flooding and storm surges along the coast. Intra-Mexico and US-Mexico movements may experience some delays to and from the central states of Mexico. 

Less-Than-Truckload (LTL) Updates:

• Estes Express has recovered functional systems to service customers. Telephone lines to their terminals have been restored, and EDI communications are functioning. While there are things still in the works, Estes is working tirelessly to fully restore all their systems, and they are open for business.
• Diesel erased all gains over the past 30 days, down $.095 to $4.498 nationally, down $0.726 from one year ago. The largest decrease of $.140 was in the Gulf Coast region to $4.139, and California remains above the six-dollar mark at $6.178.

Truckload (TL) Updates:  

• Spot load posts are down 15.7%, eliminating all of last week’s gains, with spot truck posts up 8.3%, and LTR (load-to-truck ratio) significantly down for van, reefer and flatbed. 
• Dry van demand decreased 27.2% to a 2.16-1 LTR nationally, with the heaviest demand spread out across all but 19 states at over 2.6-1 LTR.       
• Dry van spot RPM (rate per mile) is up $0.01 from September at $2.12 RPM, down $0.30 y/y (year-over-year) nationally, with the Midwest holding the highest RPM of $2.35. 
• Flatbed demand decreased 16.8% to a 6.59-1 LTR nationally, with demand continuing to be the highest at 18+ to 1 LTR in AL, AR, ID, MS and OR.        
• The national spot flatbed RPM is up $0.01 from September at $2.52 RPM, down $0.33 y/y, with the Midwest holding the highest RPM of $2.69.
• Reefer demand decreased 14.9% to a 2.84-1 LTR, with the highest demand stable in DE at over 12+ to 1 LTR.      
• National reefer rates are down from September $.04 to $2.48 RPM, down $0.31 y/y, and are highest in the Midwest at $2.88 RPM.
• According to Sonar’s Outbound Tender Reject Index, over the past week, the following markets have the highest Tender Reject Index (tightest markets):            
  • Van: Billings, MT; Duluth, MN; Erie, PA; Cedar Rapids, IA and Huntington, WV.          
  • Reefer: Twin Falls, ID; Bismarck, ND; Fargo, ND; Seattle, WA and St. Cloud, MN.  

‌Embargoes:      

• A. Duie Pyle:
  • Weight restriction over 9,000 lbs., no more than 7 pallets          
• Dependable Highway Express:                  
  • No more than 6 pallets     
  • CTII
  • OB Denver, CO
• Dohrn:             
  • IB/OB Litchfield
• N&M Transfer:                 
  • Residential PU/DEL         
• R&L:                  
  • IB/OB China Grove, NC (Charlotte) CHR
  • IB/OB Greenville, SC GRE
  • IB/OB Nashville, TN NAS
  • IB/OB Wilson, NC WSN
• SAIA:                  
  • No shipments over 15,000 lbs., 7+ skids          
• Southwest Motor Transport:                       
  • Weight restriction over 10,000 lbs., no more than 6 pallets         
• Standard Forwarding:                  
  • IB/OB ANK terminal which is Iowa and some parts of Illinois